Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China - 2023
Contents:
- Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China (FOB) - 2023
- Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China (CIF) - 2022
- Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China
- Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China
Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China (FOB) - 2023
In December 2023, the average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $7,650 per ton, shrinking by -4.1% against the previous month. Over the period under review, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in January 2023 an increase of 18% m-o-m. As a result, the export price reached the peak level of $10,499 per ton. From February 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($11,659 per ton), while the average price for exports to Egypt ($1,725 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China (CIF) - 2022
In 2022, the average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $16,590 per ton, rising by 12% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 37% against the previous year. The import price peaked at $29,311 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($206,743 per ton), while the price for Brazil ($3,234 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China
In 2022, the amount of heterocyclic compounds with oxygen hetero-atom(s) onlies exported from China rose remarkably to 344K tons, growing by 6.9% against the previous year's figure. The total export volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies surged to $3.8B in 2022. The total export value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 456 | 511 | 525 | 591 | 9.0% |
| United States | 499 | 411 | 523 | 550 | 3.3% |
| Brazil | 133 | 147 | 199 | 274 | 27.2% |
| South Korea | 122 | 115 | 191 | 199 | 17.7% |
| Germany | 179 | 118 | 164 | 176 | -0.6% |
| Japan | 139 | 123 | 143 | 172 | 7.4% |
| Mexico | 87.8 | 63.7 | 106 | 171 | 24.9% |
| Netherlands | 120 | 112 | 160 | 153 | 8.4% |
| Singapore | 49.3 | 44.4 | 65.5 | 117 | 33.4% |
| Russia | 24.5 | 28.0 | 39.5 | 62.9 | 36.9% |
| Belgium | 56.1 | 49.2 | 59.3 | 62.7 | 3.8% |
| Taiwan (Chinese) | 37.7 | 37.5 | 55.4 | 52.1 | 11.4% |
| Egypt | 15.5 | 15.7 | 23.1 | 35.9 | 32.3% |
| Others | 904 | 845 | 1,046 | 1,209 | 10.2% |
| Total | 2,823 | 2,620 | 3,300 | 3,826 | 10.7% |
Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from China in 2022:
- India (36.9K tons)
- United States (36.4K tons)
- South Korea (33.2K tons)
- Japan (31.7K tons)
- Brazil (21.2K tons)
- Netherlands (20.6K tons)
- Germany (19.0K tons)
- Mexico (11.3K tons)
- Taiwan (Chinese) (11.2K tons)
- Belgium (11.2K tons)
- Singapore (10.5K tons)
- Russia (9.3K tons)
- Egypt (7.7K tons)
Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China
Imports of heterocyclic compounds with oxygen hetero-atom(s) onlies into China shrank to 24K tons in 2022, declining by -11.3% against 2021. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 27K tons, and then shrank in the following year.
In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies reduced to $395M in 2022. In general, imports saw a drastic downturn.
| Import of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 428 | 234 | 109 | 119 | -34.7% |
| United States | 22.8 | 22.7 | 47.1 | 67.0 | 43.2% |
| Taiwan (Chinese) | 4.1 | 17.1 | 54.8 | 48.6 | 128.0% |
| India | 18.1 | 18.4 | 28.5 | 29.6 | 17.8% |
| Japan | 26.1 | 18.1 | 23.1 | 19.5 | -9.3% |
| Vietnam | 3.3 | 8.3 | 11.5 | 14.4 | 63.4% |
| United Kingdom | 2.8 | 4.0 | 7.7 | 12.4 | 64.2% |
| South Korea | 4.7 | 23.2 | 23.5 | 12.1 | 37.1% |
| Brazil | 2.3 | 2.1 | 3.4 | 1.5 | -13.3% |
| Thailand | 18.6 | 0.8 | 0.9 | 0.9 | -63.6% |
| Others | 77.2 | 61.0 | 87.5 | 70.1 | -3.2% |
| Total | 608 | 410 | 397 | 395 | -13.4% |
Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to China in 2022:
- Taiwan (Chinese) (13.0K tons)
- United States (1.9K tons)
- India (1.9K tons)
- Japan (1.7K tons)
- United Kingdom (1.5K tons)
- Vietnam (1.0K tons)
- Germany (0.6K tons)
- Brazil (0.5K tons)
- South Korea (0.4K tons)
- Thailand (0.2K tons)
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